Tue.Feb 05, 2019

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Pundits Predict Blockchain has Bright Supply Chain Future

Enterra Insights

Supply chains are complex and the more extended they become the more complex they get. Mark van Rijmenam ( @VanRijmenam ), founder of Datafloq, explains, “Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other.

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5 Surprising Stats on Why Retail Brand Trust is Seriously at Risk

JDA software

Ready for a shocking stat? Counterfeit consumer goods now total at a global value of $1.77 trillion a year. Understandably, these knock offs are creating some significant trust issues between retailers and their consumers, and , retailers and manufacturers. Ready for some more numbers? This fraud is running rampant in American retail and hurting merchants’ abilities to create a consistent, consumer-driven assortment.

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Gamification to Help Supply Chain Professionals in Their Journey to Efficiency

DynaSys

It is a common thought in the business world that logistics and supply chain management, as essential and important business divisions for delivering the right product at the right place at the right time, are not as exciting and fun as other business divisions like marketing or sales. However in the last decade, the world and the workforce has dramatically changed due to the expansion of smartphones, digitalization, and Generation Y and Millennials starting their professional lives.

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[PODCAST] The State of the Food & Grocery Supply Chain & The Impact of the “The Whole Foods” Effect

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode, Cerasis welcomes back Greg Braun, Senior Vice President of C3 Solutions, a yard management & dock scheduling software company. We hope you enjoy “The Freight Project Podcast.” You can subscribe and find this podcast on Apple iTunes, Google Play, Spotify, Soundcloud , YouTube , and iHeartRadio!

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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The Missing Bookmark: Customer Experience vs. Expectations

Talking Logistics

Last week, at the Four Seasons resort in Orlando, I attended a meeting organized by a leading logistics service provider for its sales executives. I moderated several workshops and a fireside chat with the attendees. One of the topics that we discussed was customer experience. I showed them the chart below from a research study we conducted last March (in partnership with BluJay Solutions, a Talking Logistics sponsor) that shows how “To deliver an enhanced customer experience” is the main driver

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Supply Chain Best Practices from 10 Leading Companies

Arkieva

Here’s a quick overview of supply chain best practices from 10 leading companies from the 2018 Drucker Institute Ranking. Supply Chain Best Practices from 10 Leading Companies was first posted on February 5, 2019 at 8:30 am. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

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Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Its immense power stems from its ubiquity–in every sector, you will find shipping and a supply chain. An essential component of the shipping industry is trucking, which many companies and industries prefer because of its low cost, refrigeration potential, and fast delivery time.

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All The Supply Chain News You Need To Know 2.4-2.8

Freight Plus

Uber Freight lets truckers rate shippers, Amazon autonomous trucks spotted, rail volumes down, Foxconn's cold feet, "Where's my freight?!

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What the Chinese New Year Means for Your Supply Chain

Supply Chain Brain

Many Chinese businesses and factories shut down for three to four weeks to allow millions of workers to return to their hometowns to celebrate the festivities with their families.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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WMS Best Practices: Implementation Challenges to Overcome and Tips on How to Go-Live Successfully

Veridian Solutions

Implementing a modern warehouse management system (WMS) is useful to ensure the scalability and functionality of supply chains. While numerous WMS applications offer different benefits and capabilities, common threads exist around WMS implementation and go live plans. Supply chain leaders should know WMS implementation challenges , as well as WMS best practices to execute a WMS go-live date successfully. .

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Understanding the Importance of Strategic Sourcing

USC Consulting Group

An important lever for modern organizations. Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, businesses in manufacturing, mining and metals, food and beverage, and other industries are looking for ways to reduce raw material procurement spending and offset rising material costs.

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Want to Automate Your Warehouses? Better Implement a WMS

Veridian Solutions

A digitized supply chain leverages humans and technologies to promote efficiency and productivity. Automation is often used to describe the use of robotics, but it has additional implications for use in managing data, developing forecasts, adjusting the flow of work, and much more. Automating a warehouse, including the physical and virtual processes, can help supply chains stay competitive and meet challenges, like the growing supply chain talent shortage , explains JDA.

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Pharmaceutical Supply Chains Need Supply Chain Visibility Tools

Savi

Pharmaceutical supply chains demand end-to-end visibility The pharmaceutical industry is a huge global business with an intricate supply chain that demands visibility and transparency. The top drug-makers are conglomerates, with divisions and research arms located across multiple geographic regions operating across complex partner ecosystems. Adding to the complexity, partners may own entire segments of the value chain, making effective supply chain management seem almost impossible to achieve.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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All The Supply Chain News You Need To Know 2.4-2.8

Freight Plus

Economists at SMC Jump Start 2019 expect economic growth to slow. A strong year of growth in 2018 has given way to concerns in 2019 regarding trade wars, stock market volatility, and the government shutdown. “I’m not saying shut it down, hunker down for the future. 2019 is going to perform above benchmark,” said Donald Ratajczak as reported by the JOC.

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How Analytics Can Help Shippers Combat Rising Intermodal Transportation Costs

Savi

Intermodal Transportation Landscape In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising intermodal transportation costs. In the last few months, shipment volumes and expenditures have increased significantly year over year—an 11.9 percent increase in volume and a 17.3 percent increase in spending—according to another American Shipper article.

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5 Surprising Stats on Why Retail Brand Trust is Seriously at Risk

BlueYonder

Ready for a shocking stat? Counterfeit consumer goods now total at a global value of $1.77 trillion a year. Understandably, these knock offs are creating some significant trust issues between retailers and their consumers, and , retailers and manufacturers. Ready for some more numbers? This fraud is running rampant in American retail and hurting merchants’ abilities to create a consistent, consumer-driven assortment.

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Fire and Ice Inventory Planning

Valogix

Effective and efficient supply chain inventory planning teams are absolutely critical to meet the ever-increasing demands of customers. Teams are getting fired up to meet the company goals and deliver service excellence. There is a dizzying array of solutions and methods companies employ to manage their supply chain hoping to manage their unique challenges.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Trade Risks Drive Companies to Stockpile Inventory — Is It a Risky Move?

American Global Logistics

Supply Chain Dive —Stockpiling chocolate and cookies isn’t uncommon before the holiday season, though in Cadbury’s case, it wasn’t just to ensure there would be enough for Christmas sales. Britain’s exit from the European Union is causing uncertainty for manufacturers like Cadbury who rely on open trade for ingredients and finished goods. Brexit isn’t the only […].

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Improving Your Sorting System Capacity

Softeon

Supply chain management has a few common kinks that keep the overall system from running exactly the way we want. Those kinks can be frustratingly out of our control, such as receiving shipments from suppliers. But one of the worst offenders is usually in the center of your operation. Sorting systems are vital to improving workflow, but they are prone to bottlenecks and inefficiency.

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Optimizing Your Supply Chain for Omnichannel

American Global Logistics

Total Retail —Fulfilling both in-store and online orders for custom furniture within 30 days is challenging enough. Factor in a 1,500-product catalog and a worldwide sourcing network, and an agile supply chain becomes indispensable. For one major furniture retailer, a technology-enabled supply chain has been key for keeping up with today’s retail environment.

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The Future of Supply Chain Visibility: Supply Chain Brain Interviews Krenar Komoni

Tive

"Visibility is finally real. It's finally happening." In this recent interview with Supply Chain Brain Editor-in-Chief Russell Goodman, Tive CEO & Founder Krenar Komoni sheds light on the latest developments in supply chain as well as what's in store for the future.

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Hybrid Automation – Bridging the Gap Between Humans and Automation in the Modern Warehouse

This report explores the transformative impact of automation, the evolving role of human workers on-site, and the critical imperative of achieving optimal warehouse efficiency in the digital age.

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New Savi IoT Sensors Reduce Theft and Diversion of Sensitive Cargo While Supplying and Protecting Troops

Savi

The DoD runs the largest active Radio Frequency Identification (aRFID) enabled in-transit visibility tracking system in the world. The Radio Frequency In-Transit Visibility (ITV) network has points of presence in 2,000 locations in over 50 countries and tracks and over 57,000 shipments of mission-critical supplies and sensitive equipment weekly destined for warfighters across the globe.

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Supply Chain Newsmakers Video on Is it Time Now for Continuous Supply Chain Planning

Supply Chain Digest

Expert Addresses Many Questions, Including what is More Important, People, Process or Technology

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Supply Chain Trends Influencing the Energy Industry

Savi

There is a lot of growth toward implementing new technology innovations within the supply chain, and the Internet of Things (IoT)—a network that connects physical objects, communications, software, and sensors to allow machines to transfer data over a network without human-to-human or human-to-computer interaction—has garnered a high level of interest and hype, largely driven from the consumer market with focus on smart, connected kitchen appliances, cars, and wearable activity trackers.

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Dutch Wholesaler Smeding Prioritises Fresh Food and Increases Availability with RELEX

RELEX Solutions

Read PDF. Leading Dutch wholesaler Smeding has selected RELEX to optimize its supply chain processes to improve the quality and freshness of its products and further increase availability for customers. Smeding specializes in delivering potatoes, vegetables and fruits to Foodservice and Food retail customers. With over 2,000 SKU’s provided to customers all over the Benelux region, Smeding’s main priorities are on ensuring the availability of fresh and in-season products for their customers.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Top Ways Artificial Intelligence (AI) Can Maximize Your Supply Chain

Savi

Artificial intelligence is in the news a lot these days. Though it used to be that AI was only found in science fiction films like Star Wars or Terminator; today it’s wound its way into everyday life. From Siri to Netflix we’ve become so used to AI experiences that we’re no longer amazed by them. So, what is AI really? In 1956 John McCarthy created the term ‘artificial intelligence’ based on the assumption that human intelligence can be so precisely described that a machine (AI) could perform ta

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Supply Chain Graphic of the Week on A Mostly Optimistic View of Automation and Jobs

Supply Chain Digest

Millions of Jobs May Indeed be Lost, but Likely Replaced with More and Better Jobs, Brookings Says

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For CFOs’ Eyes Only: Unlock More Cash from Supply Chain Working Capital

Savi

Companies have long struggled with the challenge of unlocking cash from working capital. Historically, cash flow has improved by shortening collections and extending payments, but this is not done without risk. Namely, the relationships with key customers and strategic vendors may be strained in the process. On top of this potential pressure, these two levers have only so much impact.